The future is uncertain, the pandemic clearly showed that just being a developed nation doesn’t provide the right equipment to handle uncertainties. However, Germany with the right approach towards a crucial problem showed the right attitude, but can we see in the future also handling the electric vehicle market.
The forecasted growth shows that some prominent and leading players are ruling the future and it shows that customer demand is in growth. It is not a stagnant market. Some other players joining the race but with a moderate production rate.
Suzuki and Subaru are coming up with the least number of products in different electric vehicle models. But the five-year plan shows a consistency that they are interested to be in the market along with the prominent player.
Source:- Statista